BlueQubit

BlueQubit develops a Quantum Software as a Service (QSaaS) platform that enables enterprise, defense, and academic customers to implement gate-based quantum algorithms on their hardware of choice, providing access to leading quantum processing units including IBM Heron (156 qubits, 99.7% two-qubit fidelity) and Quantinuum H2 (56 qubits, 99.85% two-qubit fidelity). The platform supports NVIDIA GPU emulators, Rigetti, and IonQ QPUs, and offers managed GPU simulators for large-scale quantum simulations with near-zero setup. BlueQubit provides quantum solutions for risk analysis including Value at Risk (VaR) and Conditional VaR, derivative pricing, portfolio optimization, and fraud detection. The platform integrates with popular quantum frameworks including Pennylane and AWS Braket, and offers an SDK that has been integrated into QED-C's benchmarking repository. BlueQubit differentiates itself through its focus on making quantum computing accessible today rather than waiting for hardware maturity, providing a seamless hybrid environment for variational circuits with minimal latency, and partnering with leading quantum hardware providers to offer direct QPU access. Customer testimonials highlight use cases in P&C insurance capital reserve challenges (41-qubit, 16TB simulation with Guidewire), drug discovery combinatorial optimization (with POLARISqb), and quantum machine learning for image processing (with Quantum Art). Founded in 2022 and headquartered in San Francisco, United States, BlueQubit has raised approximately $10.3 million in a Seed round backed by BigStory VC, Nyca Partners, Restive, Chaac Ventures, NKM Capital, Presto Ventures, Untapped Ventures, FormulaVC, Granatus Ventures, and Vela Partners.